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In applying the equation for a straight line, 'y=mx+b', to our application of budgeting a mixed cost, the letter 'm' represents: a. the dollar amount

In applying the equation for a straight line, 'y=mx+b', to our application of budgeting a mixed cost, the letter 'm' represents:

a. the dollar amount at the y-intercept (fixed cost)

b. the variable cost per unit

c. the volume, in units d. the total cost at a given volume

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